According to a report released by Motilal Oswal Financial services India’s GDP is likely to grow at 8.7% in Fiscal year 2022. According to the company we have revised our estimation due to the attack of the deadly COVID wave. The increase in Nominal GDP growth is likely to remain moderate in 2022-2023. GDP Deflator is more related to WPI (Wholesale Price Index) over the CPI (Consumer Price Index). The projection is based on extensive research.